The Trump Economy Obliterates Biden's Shameful Economy - Stats are Undeniable

[CdnFox]

2 hours ago, Rebound said:

Lie all you want… the Dow never hit 30,000 under Trump, much less 37,000

If you'd bothered to read the link, which you don't appear to have done,  the figures are inflation adjusted. 

But that also means that the biden years figures are inflation adjusted .

Here's the actual numbers and the same sorts of pattern and graph appears if you plot them.  But obviously inflation adjusted to a constant is going to be more accurate for this particular discussion. 

Dow Jones Industrial Average (^DJI) Stock Historical Prices & Data - Yahoo Finance

So what  @WestCanMan  said about the  ratios and differences is still quite accurate. 

 

[WestCanMan]

4 hours ago, Rebound said:

Lie all you want… the Dow never hit 30,000 under Trump, much less 37,000

Even for you, that's incredibly stupid.

Do you not see the chart in the OP? Do you think that's all a huge lie? 🤣

[CdnFox]

1 hour ago, WestCanMan said:

Even for you, that's incredibly stupid.

Do you not see the chart in the OP? Do you think that's all a huge lie? 🤣

He can't read. Couldn't figure out that it's adjusted for inflation to create a fair comparison. You have to go slower for him

[Moonlight Graham]

16 hours ago, CdnFox said:

If you were unaware of the facts that the government plays a very large role in how the economy does then may I suggest you read a book

While governments don't actually create jobs other than of course by direct government spending, they create the environment which will determine if business grows or not

It's like saying "dirt doesn't produce vegetables".  Very true, but the plants that do can't grow without fertile soil.  Gov't is the soil. 

How they handle taxes, how they spend tax dollars, the regulations they do (or don't) put on industry, the messages they send to investors about whether they'll support growth or not, the infrastructure they commit to building, the foreign policy that can dictate the price of oil and other commodities, the tarrifs and other things that may impact their competitiveness etc etc. 

These and a dozen more things that the gov't can do or not have huge impacts on economic growth, prosperity and stability. 

It would appear you were ignorant of even the basics. You need to educate yourself a little more before making statements that cause you to look like a simpleton. 

Well at least you didn't insult me.

[robosmith]

7 hours ago, WestCanMan said:

Bloomberg:

• Trump appears to be referring to the auto manufacturer BYD which announced plans

I was talking about Biden implementing 100% tariffs on Chinese cars NOT Trump. Duh 

[CdnFox]

1 hour ago, Moonlight Graham said:

Well at least you didn't insult me.

True, tho if i'm being honest it involved a lot of backspacing.

[WestCanMan]

10 hours ago, robosmith said:

I was talking about Biden implementing 100% tariffs on Chinese cars NOT Trump. Duh 

WHAT?!?!

Is Biden trying to use tariffs to cause inflation?!?!?!?! 🤣

Buddy, that's just another example of Biden copying Trump. Kamala is even proposing the building of "stupid" walls again. I guess she wants to try to buy back the materials that Trump had already purchased, and which Kamala and Joe sold off for cheap. 

Trump thinks of all these things in advance, Biden and Harris have to watch the economy slide down into the toilet for a while 

 

Oh, and one more thing... China is waiting until after the election to announce where they're building that factory because they know that if Kamala gets in, they can work it out with her, just like they did with Biden. They don't buy Hunter's paintings for nothin'. 

Edited November 2, 2024 by WestCanMan

[CdnFox]

32 minutes ago, WestCanMan said:

WHAT?!?!

Is Biden trying to use tariffs to cause inflation?!?!?!?! 🤣

Buddy, that's just another example of Biden copying Trump. Kamala is even proposing the building of "stupid" walls again. I guess she wants to try to buy back the materials that Trump had already purchased, and which Kamala and Joe sold off for cheap. 

Trump thinks of all these things in advance, Biden and Harris have to watch the economy slide down into the toilet for a while 

 

Oh, and one more thing... China is waiting until after the election to announce where they're building that factory because they know that if Kamala gets in, they can work it out with her, just like they did with Biden. They don't buy Hunter's paintings for nothin'. 

" EVERYTHING TRUMP WANTS TO DO IS ENTIRELY STUPID AND WOULD NEVER WORK AND WE'RE GOING TO BE DOING IT ANYWAY SO YOU MIGHT AS WELL VOTE FOR US"

-Democrat campaign team

[WestCanMan]

2 hours ago, CdnFox said:

" EVERYTHING TRUMP WANTS TO DO IS ENTIRELY STUPID AND WOULD NEVER WORK AND WE'RE GOING TO BE DOING IT ANYWAY SO YOU MIGHT AS WELL VOTE FOR US"

-Democrat campaign team

That sounds like covid.

It was "racist" when Trump blocked non-Americans from flying in from China at the start of covid, but when Trudeau went to block people from flying in from India during the Delta wave it was somehow "solid leadership".

[robosmith]

3 hours ago, WestCanMan said:

WHAT?!?!

Is Biden trying to use tariffs to cause inflation?!?!?!?! 🤣

NO! He's SELECTIVELY implementing sanctions against China to keep them from MONOPOLIZING the US auto market.

NOTHING LIKE Trump's across the board sanction plans.

3 hours ago, WestCanMan said:

Buddy, that's just another example of Biden copying Trump. Kamala is even proposing the building of "stupid" walls again. I guess she wants to try to buy back the materials that Trump had already purchased, and which Kamala and Joe sold off for cheap. 

Biden's sanction plan is intelligent. Trump's is MASSIVE PROTECTIONISM.

It makes NO SENSE to tariff products that have NO DOMESTIC competition.

3 hours ago, WestCanMan said:

Trump thinks of all these things in advance, Biden and Harris have to watch the economy slide down into the toilet for a while 

You're DELUSIONAL. The US economy is the STRONGEST in the world under Biden.

3 hours ago, WestCanMan said:

 

Oh, and one more thing... China is waiting until after the election to announce where they're building that factory because they know that if Kamala gets in, they can work it out with her, just like they did with Biden. They don't buy Hunter's paintings for nothin'. 

Who cares about Hunter paintings? The Saudis have BOUGHT Trump with $2B to his son in law.

AND the Trump Saudi tower project in Jeddah. 🤮

Trump Organization announces new project in Saudi Arabia

The Hill

https://thehill.com › business › 4750179-trump-org-ann...

 

Jul 1, 2024 — The Trump Organization will construct a Trump Tower building in Jeddah, Saudi Arabia, the company announced Monday. In partnership with a ...

[robosmith]

24 minutes ago, WestCanMan said:

That sounds like covid.

It was "racist" when Trump blocked non-Americans from flying in from China at the start of covid, but when Trudeau went to block people from flying in from India during the Delta wave it was somehow "solid leadership".

It wasn't "racist," it was STUPID. There was no BAN. Trump let 40,000 fly back to the US with NO testing, NO tracking, and NO quarantine. AKA the biggest SUPER-SPREADER EVENT of the pandemic to date.

[WestCanMan]

8 hours ago, robosmith said:

NO! He's SELECTIVELY implementing sanctions against China to keep them from MONOPOLIZING the US auto market.

 

You can't have it both ways. 

Leftists just paint all tariffs with one broad stroke and say that they're bad, and that they cause inflation, but as soon as Trump says: "I'll tariff that sh1t to oblivion", Biden follows him like a lost puppy.

You guys should honestly just vote for Trump, that way you don't have to get his ideas second-hand.

Quote

 NOTHING LIKE Trump's across the board sanction plans.

 

When the Dems run a successful economy, I'll start taking them more seriously, but America can't afford 4 more years of economic bungling, catastrophic foreign affairs, and open borders. The Kamala/Biden experiment was a disaster.

Next.

Quote

 Biden's sanction plan is intelligent. Trump's is MASSIVE PROTECTIONISM.

 

Everything that Biden said was supposedly brilliant according to you leftards, but in the end it all went to hell.

Surely you understand why no one's listening anymore, right?

Quote

 It makes NO SENSE to tariff products that have NO DOMESTIC competition.

 

Not entirely. They can put tariffs on Chinese products to help their closer allies, and help them negotiate better trade deals with their closer allies, or even just to make money. 

In BC, where I live, the gov't taxes everything we buy at point of sale. That means that literally everything has an added expense, just the same as tariffs. 

Now imagine if the consumer goods that were made in Canada weren't taxed, but foreign goods coming in had tariffs, and the gov't brought in the same amount of money but we were able to expand our economy slightly, because domestic companies were slightly better off...

Quote

 You're DELUSIONAL. The US economy is the STRONGEST in the world under Biden.

 

1. A starving elephant is still bigger than a portly mouse
2. Just imagine how much stronger the economy would be if Trump ran the country for the last 4 years. 

The trajectory of the Dow was insane under Trump. Disposable income was through the roof. Ut was basically the opposite of Biden's dreadful economy. All economic indicators were soaring. 

Americans are looking for a change right now for a reason. Something like 79% of Americans felt like the economy was on the wrong track under Joe. 

Quote

 Who cares about Hunter paintings?

 

No one. They're worthless. But people who want to suckle at the teat use Hunter's paintings as an excuse to funnel money to the Bidens.

Quote

 The Saudis have BOUGHT Trump with $2B to his son in law.

 

No, the Saudis hired a guy who managed to negotiate the Abraham Accords. Walking on water would have been a lesser feat. 

The difference between Hunter Biden's resume and Jared Kushner's resume right now is like Walmart greeter vs "name your price". 

Quote

 AND the Trump Saudi tower project in Jeddah. 🤮

 

The Saudis are your frenemies, which is a lot more than we can say for Iran.

[robosmith]

53 minutes ago, WestCanMan said:

You can't have it both ways. 

Sure WE can. Targeted tariffs make sense to protect nascent domestic industries. Broad across the board tariffs make no sense and are likely to start a trade war.. 

53 minutes ago, WestCanMan said:

Leftists just paint all tariffs with one broad stroke and say that they're bad, and that they cause inflation, but as soon as Trump says: "I'll tariff that sh1t to oblivion", Biden follows him like a lost puppy.

Biden's tariffs are DIFFERENT for different purpose. AKA NOT "following."

53 minutes ago, WestCanMan said:

You guys should honestly just vote for Trump, that way you don't have to get his ideas second-hand.

Very MUCH MORE BAGGAGE. Maybe you don't care about American democracy, but you're a fascist.

53 minutes ago, WestCanMan said:

When the Dems run a successful economy, I'll start taking them more seriously, but America can't afford 4 more years of economic bungling, catastrophic foreign affairs, and open borders. The Kamala/Biden experiment was a disaster.

How many source do you need to tell you America's economy is #1 before it penetrates you cognitive dissonance? LMAO

53 minutes ago, WestCanMan said:

Next.

Everything that Biden said was supposedly brilliant according to you leftards, but in the end it all went to hell.

You're talking about Trump EXACTLY, west tard man

53 minutes ago, WestCanMan said:

Surely you understand why no one's listening anymore, right?

I'm sure you lDIOTS never listen to the truth. That's what makes you lDIOTS.

53 minutes ago, WestCanMan said:

Not entirely. They can put tariffs on Chinese products to help their closer allies, and help them negotiate better trade deals with their closer allies, or even just to make money. 

^Makes no sense to prop up inferior producers for political reasons. LOSE-LOSE. 

53 minutes ago, WestCanMan said:

In BC, where I live, the gov't taxes everything we buy at point of sale. That means that literally everything has an added expense, just the same as tariffs. 

We have sales taxes in MOST STATES, NOT FEDERAL. Replacing Fed income tax with tariffs is highly regressive which is why the Billionaire love the idea. 🤮

53 minutes ago, WestCanMan said:

Now imagine if the consumer goods that were made in Canada weren't taxed, but foreign goods coming in had tariffs, and the gov't brought in the same amount of money but we were able to expand our economy slightly, because domestic companies were slightly better off...

1. A starving elephant is still bigger than a portly mouse
2. Just imagine how much stronger the economy would be if Trump ran the country for the last 4 years. 

It would take your VIVID IMAGINATION to believe that. We are doing way better than the end of Trump's term. Duh

53 minutes ago, WestCanMan said:

The trajectory of the Dow was insane under Trump. Disposable income was through the roof. Ut was basically the opposite of Biden's dreadful economy. All economic indicators were soaring. 

The economy collapsed. Usually the result of OVERSTIMULATION, but with Trump it was incompetent management of the pandemic.

53 minutes ago, WestCanMan said:

Americans are looking for a change right now for a reason. Something like 79% of Americans felt like the economy was on the wrong track under Joe. 

Feelings are NOT OBJECTIVE.

53 minutes ago, WestCanMan said:

No one. They're worthless. But people who want to suckle at the teat use Hunter's paintings as an excuse to funnel money to the Bidens.

^BULLSHIT. Just because people believe they're buying influence does not mean any was delivered.

53 minutes ago, WestCanMan said:

No, the Saudis hired a guy who managed to negotiate the Abraham Accords. Walking on water would have been a lesser feat. 

The AA fell apart. Duh

53 minutes ago, WestCanMan said:

The difference between Hunter Biden's resume and Jared Kushner's resume right now is like Walmart greeter vs "name your price". 

Kushner's not delivering anything to MBS for the $2B

53 minutes ago, WestCanMan said:

The Saudis are your frenemies, which is a lot more than we can say for Iran.

Do you have any idea WHY Iran hates the US?

[WestCanMan]

On 11/1/2024 at 4:11 PM, WestCanMan said:

What I'm about to say is probably gonna make you cry, but if you look at the beginning of Trump's [2016] presidency, the DJA actually did react sharply to his victory. 

The DJA was stagnant from Nov 2014 (23,800) to Oct 2016 (23,657), and then when Trump was elected IT CHANGED ITS TRAJECTORY SHARPLY. Look below:

1. The left is the last two years under Obama
2. the middle part goes from the month when Trump was elected until Biden's policies started taking effect
3. the right side is what happened while America was muddling along under Biden. 

There's no reason that you could possibly cite for the economy just radically skyrocketing in Nov 2016 aside from "the election".

And the only blip in sharp upwards trajectory in the line from March 2020 to March 2021 is from Biden theoretically winning. That was all Trump momentum, which died of when Biden's war on energy domestic energy started killing confidence in the economy. 

Today was another perfect example of what I meant with the first line there. The election of Donald Trump has already had a massive impact on the Dow Jones Avg.

The Dow went up 1,500 points today, which would be an above average YEAR  under Biden up to this point. That clearly had everything to do with Trump and nothing to do with anything that Biden did. In fact, it's an clear indictment of the Biden economy. 

Edited November 6, 2024 by WestCanMan

[eyeball]

5 minutes ago, WestCanMan said:

The Dow went up 1,500 points today, which would be an above average YEAR  under Biden up to this point. That clearly had everything to do with Trump and nothing to do with anything that Biden did. In fact, it's an clear indictment of the Biden economy. 

It's a sign of greed straining at the leash.

Don't get in the way now.

[CdnFox]

41 minutes ago, eyeball said:

It's a sign of greed straining at the leash.

Don't get in the way now.

Greed is good. In order to satisfy great people need to succeed. In order to succeed they need to do something meaningful and profitable. That makes all of the other people around them more profitable as well as a rule and in the end everybody is stronger.

That's the beauty of capitalism. Success tends to breed more success around you and everybody is lifted up